Fitch Revises Kaduna’s Outlook To Stable On Sovereign Action; Affirms At ”B”
Fitch Ratings has revised the Outlook on Kaduna State’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Stable from…
Category: Local
Showdown Looms As Protesters Plan Lockdown Of Abuja, Lagos Today
A showdown between security forces and #EndSARS activists may be in the offing as the protesters yesterday unfolded plans to…
Nigerian Embassy In France Call Police On EndSARS Protesters, Demonstrators Vow To Continue Agitation
Despite the presence of the French police, the demonstrators, who stormed the embassy at the Victor Hugo area of Paris…
#ENDSARS: Police Killed My Cousin In 2013, Says Canadian Minister
Nigerian-born Canadian Minister for Justice, Kaycee Madu has supported ongoing #ENDSARS protests, narrating how his cousin was murdered in April…
Nigeria’s Rising Inflation Worrisome, Experts Say
Two financial experts on Friday expressed concerns over the country’s rising inflation rate and urged the Federal Government to revisit…
‘CBN Did Not Enter Into Any Trade Agreement With Zamfara’
The state government explained that it does not directly mine the gold for itself, but purchases the gold from the…
You Can’t Control Minerals, FG Tells States
The Federal Government on Thursday told state governments that they could not control the mineral deposits in their various domains.…
I’m Not Aware Of Waiver For Foreign Vessels – Amaechi
The Minister of Transport, Rotimi Amaechi, has dismissed claims that he had knowledge of waiver granted to foreign vessels operators…
Court Vacates N24b Order Against Central Bank Of Nigeria
A Federal High Court in Abuja has set aside an order against the Central Bank of Nigeria (CBN) in respect…
Nigeria: Despite #EndSARS Protests, Investors Gain N121 Billion in Equities Trading
Investors this week gained N121 billion on the Nigerian equities market, in a trading week marred by #EndSARS protests in…
Nigeria: Border Closure Boosts Rice Sufficiency, Manufacturing, Says FG
The Federal Government on Thursday said the closure of Nigeria’s land borders was good for the economy as the country…
Protesters March On Nigerian Parliament After Army Threatens To Step In
Hundreds of protesters marched to the gates of Nigeria’s parliament on Thursday, hours after the army said it was ready…
Banking Czar, Jim Ovia Acquires $10.5m Apartments, Guest House For His Sons
Jim Ovia perfected the money attitude while his peers cut their first tooth in banking. He was the enthralling magnate,…
Investors Mobilise For Legal Battle As AgroPark, Again, Postpones Payout To 2021
AgroPark, another agri-investment platform, has left investors spoiling for a legal battle after it sent a letter informing them, for…
Stripe Acquires Nigeria’s Paystack For $200M+ To Expand Into The African Continent
When Stripe announced earlier this month year that it had picked up another $600 million in funding, it said one…
Twitter’s Jack Dorsey Urges Bitcoin Donations To Fight Police Brutality In Nigeria
The CEO of Twitter and Square has urged Bitcoiners to join the fight to end the Special Anti-Robbery Squad (SARS)…
CBN, Shippers’ Council Read Riot Act To Shipping Firms
Governor of the Central Bank of Nigeria (CBN) says the bank has discovered that several shipping companies in Nigeria were…
Maize Importation: CBN Saves Nigeria From Food Crisis, Farmers Say
The recent importation of 262,000 metric tons of maize has saved Nigeria from a food crisis, poultry farmers in Nigeria…
NNPC, IDSL Chart Path To Achieving $10 Production Cost By 2021
The Nigerian National Petroleum Corporation (NNPC) and its subsidiary, the Integrated Data Services Limited (IDSL) said they are continuing the…
Nigeria: Agitations Spread Nationwide
Lawyers join SARS protests • Don’t use live bullets, NBA warns police • Makinde’s deputy, Oyo lawmaker victims of brutality, join march • OPC demands seeks compensation for slain members since Abacha’s regime • Inspector General summons defunct SARS personnel to Abuja.
Businessman Commends FG on Onitsha Port
The Chairman and Managing Director of DAS Energy Services, Effurun, Delta State, Chief Sunny Onuesoke has commended the federal government…
FG Moves To Ease Congestion On Arrival At Airports, Introduces New Online Procedure
The Federal Government says that air passengers wishing to come into Nigeria, will not be allowed to board aircraft without…
Federal Govt Won’t Seek Relief From N31tr Debt
Nigeria will not apply for debt relief to get out of its crippling N31 trillion debt burden, according to Finance,…
Thousands Of Nigerians Demand Police Overhaul For Sixth Day
Thousands of people across Nigeria have taken to the streets for a sixth straight day to protest against police brutality,…
African Debt: At Some Point, The Hole Becomes Just Too Big To Fill
The rapidly deteriorating financial crisis in Lebanon provides a grim preview to other developing countries of what happens when the…
UPDATE 1-Nigeria’s Police Vow To Stop Using Force Against Protesters In Wake Of Deaths
Nigeria’s police agreed to stop using force against protesters who accuse them of brutality, the presidency said on Tuesday, a…
Customs Generates N13.11 Billion From Onne Port
The Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State, said it generated over N13.11 billion for the…
FGN Proposes Unprecedented Deficit To Drive Economic Recovery
2021 Budget of Economic Recovery and Resilience President Muhammadu Buhari presented the 2021 proposed budget, titled the Budget of Economic…
Protesters Invade Police Station, Release Kidnap Suspects
The protest turned violent in the Surulere area of Lagos as protesters besieged the Anti Kidnapping Unit of the Command,…
Nigeria’s 2021 Budget Of Economic Recovery And Resilience
Following the approval of the 2021 – 2023 Medium-Term Expenditure Framework and Fiscal Strategy Paper, President Buhari has presented the…